Besides the very small tight group here on this board, there is nobody else following this stock. And we are all together vested to the max here. As risky as it is because its small and not followed in any direct coverage(yet), Ive already invested disproportionately on this.
It would be very well advised for the company to take this opportunity as talks are happening pre approval, to pay a small or medium sized penny stock newsletter roughly 50k or so to promote this stock to their penny stock risk takers.... this new added volume would hack up the prices, so if and when fecof ever needs to do a secondary offering or to take an equity loan to pay for their share of drilling expenses, their stock would be already higher at 3 pennies or so. They really need to be doing this instead of doing absolutely nothing and risk being diluted again when the stock is stuck under .015. The fact that forum is not publicly traded anymore as it is in private hands of pxp, it is more important now than ever for them to put some YouTube advertisements and such for people searching penny investments , to prop up the stock price thru awareness and new investors. Pxp doubling in price from here is no guarantee to do the same for fecof. Thank god fecof has about almost 2 years to afford administration costs. Etc. but they must do something regarding their awareness to new investors. Even to bring in an angel investor despite some dilution. Anything is better than pxp just allowing us to wait and be diluted as they offer to buy us for 2 pennies or less if it just sits here. Let's all write to the board and tell them to put us on a stock newsletter to prop up the price for future equity loans that will be needed. Their past strategies of selling out blood (forum shares) simply to stay afloat , never was and still is not a viable strategy for the future and best intention for the stock holders.
Makes me consider writing my own ads on YouTube to help prop up my 60k investment.
I remember when "plug" was just 15 cents. They got an angel investor to help them stay afloat and meet their future contracts, despite being diluted share wise, they jumped to 25 cents that day. And kept going past 10 dollars a share months later. That's another way for fecof to go IF pxp would allow it or even be the angel investor instead of possibly hoping to buy out shares for nothing once again. Time seems to be on our side for now as a deal is moving quickly,, but we should still push them to act now. Just my opinion
